2024-04-22 Aruban Florin News
2024-04-21
Summary of Last Week
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
1. Understanding the overall trend of the exchange rate
Overall, the exchange rate data shows a somewhat stable trend with minor fluctuations. The rate moves from the initial point at 0.7535 to the peak at 0.76573 before settling back down to a lower rate at the end of the data period at 0.76343. Throughout this time series data, the rates have shown both increase and decrease which indicates a volatile currency market. However, the overall change is relatively small, signaling a relatively stable currency environment.
2. Seasonality or recurring patterns
There does not appear to be an immediately observable seasonality or recurring pattern in the dataset. The movement of the rates throughout the data period seems to be random rather than having a particular periodic repetition. Nonetheless, a further and more in-depth analysis using statistical tests would be required to confirm the absence of any seasonal or cyclical component.
3. Outliers in the exchange rates
Upon review of the data, there doesn't appear to be any significant extreme values or outliers within the dataset. The dataset mostly ranges from 0.74857 to 0.76573, a relatively minor fluctuation. Although some points temporarily deviate from the main trend of the data, they return to the average embodiment soon after, thus cannot be considered true outliers. However, a more formal statistical analysis may help to identify any subtle outliers that may not be immediately noticeable in a manual review process.
